Fuel stations across the country are running dangerously low on stock, according to a new report from Deloitte.
The Petrol Retailers Association (PRA) has welcomed the 'Study of the UK petroleum retail market' review, which concludes that the nationwide closure of forecourts has meant a reduction in the amount of onsite storage capacity.
PRA chairman Brian Madderson expressed his frustration about the penal tax regime of duty and VAT imposed upon small petrol stations.
“Most businesses have to pay the tax within one to three days of a stock delivery, before they have the chance to collect the tax from their customers,” Mr Madderson said.
“Why does the government offer deferred duty arrangements to the big oil companies that are best placed to pay immediately, yet not to the small independently run forecourt?” he added.
As petrol prices remain high and with forecourts running on empty, it is becoming more important to increase fuel economy.
Simple tyre pressure checks can help you save money at the pumps. During winter, cold weather or winter tyres can also help you save fuel, whilst also improving car handling in the adverse conditions.
See how ATS Euromaster can save you money on tyres and increase your fuel economy
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